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Prepare an adjusted trial balance at September 30, 2015

.	Is the Retained Earnings balance of $1,508 the amount that would be reported on the balance sheet as of September 30, 2015?

Starbooks Corporation provides an online bookstore for electronic books. The following is a simplified list of accounts and amounts reported in its accounting records. The accounts have normal debit or credit balances. Assume the year ended on September 30, 2015. Accounts Payable Accounts Recevable Accumulated Depreciation-Equipment Cash S 608 308 908 308 208 308 3,208 308 108 208 508 108 408 1,508 2,208 6,224 508 208 2,608 208 Depreciation Expense Equipment Income Tax Expense Notes Payable (long-term) Notes Payable (short-term) Rent Expense Retained Earnings Salaries and Wages Expense Supplies Supplies Expense